Student debt crushes homeownership dreams
Student loan debt has racked up a collective $1.5 trillion bill for 44 million Americans, and its crushing people’s homeownership dreams. According to a recent survey by NeighborWorks America, people with student loans are delaying purchasing a home, with many worried about their debt most or all of the time.
Loan officer makes list of best 100 jobs
US News & World Report just released its rankings of the 100 Best Jobs in 2018, and thanks to employment growth and flexibility, loan officer made the cut at No. 57. According to the rankings, the Bureau of Labor Statistics projects an 11% jump in employment for LOs between 2016 and 2026, with 36,500 jobs to become available in the coming decade. Other professions found in the lending world also made the list.
LendingTree sponsors prize for innovative fintech competition
LendingTree announced it will sponsor an award for the LEND360 Startup Innovators Program, which will highlight startup organizations with the most cutting-edge solution. The best performing startup will receive a $10,000 prize.
Ann Song promoted to senior vice president at LRES
National residential and commercial mortgage services company LRES promoted Ann Song, also a winner of the HousingWire 2018 Women of Influence award, to senior vice president of operations.
Texas title company acquires three agencies
A Texas-based title company which covers more than 100 counties in three states has added three additional companies to its roster. The acquired companies have title plants in 81 counties in Texas and nine in New Mexico.
HomePartners Title acquires Florida agency
The in-house title company for South Florida-based The Keyes Co. has purchased another Florida title agency. Terms of HomePartners Title Services’ acquisition of Jupiter, Fla.-based Title Network Inc. were not disclosed.
Ernst offering fee calculator to title companies
Ernst’s Smart Query fee calculator now is available to title and settlement companies on a white-labeled basis. Read on for more details.
Refinances drop to four-year low
The number of second-quarter mortgage refinances was the lowest since the first quarter of 2014. Read on for more information from ATTOM Data Solutions’ Residential Property Loan Origination Report.
Stewart names sales manager
Stewart Title has named a sales manager to oversee its Oklahoma sales organization. Read on for more details.
MBA: Weekly mortgage applications actually on the rise
Mortgage applications climbed 1.6% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending September 14, 2018.